Borrower preparation guide
Mistakes That Delay Commercial Financing.
Avoid common preparation problems that create unnecessary questions and slow a financing review.
Preparation checklist
- Unclear requested loan amount or use of proceeds
- Conflicting figures across documents
- Outdated rent rolls or operating statements
- Missing explanation for unusual income or expenses
- No realistic timeline, improvement plan or exit strategy
Keep the package decision-ready
A useful financing package is complete enough to evaluate, consistent across its documents and candid about material risks. Requirements vary by provider and transaction, so confirm the final document list directly with the organization reviewing the request.